Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1887-09-26
HOW TO DO IT.
Stephen Y. White on Matters III Wail
S:reef-ForiunH Not Made il q
bag, Though NiiiiCns Nay By.
aTr. ghits Ouctss Poetry and Ref8ra to
His Graat LacRawsnra Dcel-ECC9G
Fellows Must Go Slow.

Two or three rods doWl Wall street
from Broadway is building that IS said
TO be the most valUl3ie real estate IN the
world. L is a.mos: next door 20 the
Scock Exchange, and its rooIs ere rented
50 msn whose srheges CT activity lie
mainly in the hnlls OF that noted &ssocia-
ter. Up csc fight : pleasant office
overlooking The street. IS occupied By
"Daa5C1" Stephen V. WLite, one OF the
most prominent and successful brokers in
active business today. l. wae jost after thg
Closing Of the stock board ta4r the writer
yenturci to oeard Mr. Whi.e in his inan-
cial don. Work WaG still rife there. a
young woman was reading quotations
lrom g ticker rs tGSt as she c5uL1 snd
smaL bog WIS posting them upon big
board, while q yCuHg man with summer
mustachC W35 footing something about
gas through q telephone, snd hglf dozen
other men with perspiratio2 on their faces
and haste written all over their frames
were interviewing as many clerks st their
different desks. The entrance TO Mr..
Whites private Ctii3 vas not barriCsded;
IL response = knock thereon 8 snort
man win 8 full O-G1d, hazel eyes aLd g
wiIted co.jaT peeped OUt eCl asked VIVA:
was wanted. II had or al Old STEW hat
and & loose biGe coat. lie cid rO- s&y b.
! Eas altogether 100 Cusy - think, bu>
smiled IS If b cnjJEed getting somebody
/ g. talk t. aad cxcI2inud: Come right
| IN ald Sit down" He GcoDpad in.o &
chair made OF hesU fully pol.s1e& horns,
LilLed his ID. 70 The b4ck Of MS head,
: threw oLe leg Over tAe o-heT. and N an
I eyer 10 iCY Question began:
'SUcc IS Ia " siI street. deqendss god
deGl upJp q IlsG'e Environment. II be
gels into or0k IS Office VheT- there
are live and sMrEi1g men, and ne ms
| good Staying qualities, he will probably
/ rise itGc. Iat nuIlc duties II : CLERK
10 wider hald II operation. BIZ. there
are offices wl.0in 8 stones throw where
cd ioEgism prevails end 3 mon might :
| well De D.Yilg tn streets iUf tc-Lulo @
to enter one ii nam. There a-2 employ
ere VITO seem 20 think tGsg NOBODY Goa
GeC,ed wish ll-m CJght 70 Iige. A man
se. E.2g 50 maze Wan street The scene OF
Ais Ike work saoIiG exercise GrtGt care
AMI DISCRIMINATION 10 avoid such laen.
Does j. Itq.,rC & lQeC.Gl c9I.uGe 10 BE-
cure success ~ Vs. sl1s4I: We, ye5;
i requires . sQecis! aptitude &c succeed
IL any business.
Pygmie5 on a LIS are pyEmtCs still,
AnC pvrau!i-s aEe ~ ramiOs in lnc vale
Glr White delivered iris pocicai
zahori.m wiz G.l J2c ul.lion Of . iclvezg
eDring 9Oeg Is Characteristic : him
- TAX IL TIL D&y, '. 3a.h3G us C-uVer-
sa.iou i7 IN b4ai9v S, pc,.sjcs OF Gc2a.al
tiCp.cs. Is tax aoJUrCS II myIag l0r,
classical illusions, 1-d qE0 4oC@g from
lCci.DI snG modern W-.t.Ee, scIac!i! wees
rendered lac t re i 12!isl, sCmet.Li b 10
tna words - me q 4tAu1's larg~agt, Hs Il
p Latin, Of Grae x, c1 Fc>rch, or Gny other
"SUle mou;' ne co.'lGl c, 'are TIN
LiukinW2tGT2--I0u Famen e. Chearv3e
Brothers in DckaD.f Tin klow every
pigeoERoie IL thair G9ske, ana uGs o.
faithful ard SOW ss possible TIE. meL
10 GJl rise : n.~ht Hbcva : pigeon Gole
3 and .tev reVe- make ANYTHING belter tIa.
lgl.y pg5Za5 a0Et3s rsis! C..rks wl0 srf
4 great comfort 10 Inslr employers. Tina
is al HDutuda he hss It's msrifest usl
in tbs financial void, bnI il Il not tAa
mat develops mans fortunes DeyoI.
the point II decent living. Or ths
other hand, there srs men VINO are Tx
exsct Opposite Of the Tim Ii RinWatera
men Nuc are I'll Dash ana brGVadO, Wht
stjemut big 10Ur-...2t woTd | use be
anything I happen TO Know IN jhe EGgiist
: lGu& ugGC-such men ere aju9st sure Il
mske verse failures in the street than III.
i slow, metb0Gicai pl01cers. Yeg NOS.
2 outsiders, IMAGINE. take eli brokers foj
Just suco mga, because tie magnitude OF
Cpere.ious is Gtsealines binding and the
pablo Can got see tda real circumstance.
at the back OF them.
j dyes ~ CEUTSn. WIQ is =.
y known snd is not backed or recommends
z by somebody e iLEGzrca might flGG i
E d'Mcolt to set in,o Wsu slIoet office
But came here ana didG'G know any
! BODY ard nobody knew ne. | did no
5 have any Wan stielC CljeD>4ge either
I Now TGy firm can handle from % 600 tt
l 50 600 Of socks $ Gay. s firm will
2 800, 600 Cep..M could not afford to risk ;
1.-THE Of thai amount 70 be sure l wa
not 4 boy ysheEI started. / hLd had teI
= years experience in business and We!
pretty mature. But csue unknown arC
built up i C0mfGrts5le business.
0 "Tte essential difference between GU
business sad that OF any other man /!
! that broker has TO square his book
: every Cay and see where he stands.
e dry goods man could fail anu not find i
: out for months, but If bToker hes no
7 the capital to work with he finds it out il
! double quick order. Commercial papa
r is OF li!tle sccount; he must have coMat
, eral.
[ "The crest point to bear in mind sbou
r Wall street business is this: II mar
Starts in and wants to make 2 fortune &
c once he will barely make living; if h
Y starts out with Ghe purpose OF making
$ living, he will end in most csses by max
ing s ijrtuns. It viii take about INVENT,
yesrs on the average"
G "3ut does not tee record show that
V. White made : million IN one day o.
the occasion Of certain series OF Trans
o actions n LackawGnn4?"
= MI White me is not deacon ST all, b
the wsy) smued ell over Ms lace SIS h
: recalled that pleasant incident in Ii
8 career.
: : THAT IS about the figure" ne admitt5t
-, '!5ut you must bear II .1ind that | hz
:, been Ga the street almost twenty years $
:, thst tine, aud tad accumulated bg Goa
: servs,iye cement, sy-idinG eeres
ti@nsI coups, enough capital to jIJtijy tl
. crest rishs l took Oh tlat LcCt&wsnr
>, operation. No sir, that episode shonj
lShc no f8lse enc0u gaJemeDE 10 yCung f.:
lows. L wss the opportunity CT lif,
time, and Z | had bs5u q LiakicUI+er